A New Prognosis from Dr. Copper?
Is Dr. Copper’s Prognosis for the Markets Just Change? This week’s copper breakout paused yesterday as stocks took a breather from their recent run higher and the dollar rallied…
Author Archive for: Tom Essaye
Entries by Tom Essaye
Why QT Matters to This Market
Why Quantitative Tightening matters to this market, Futures are flat, Japanese & EU flash manufacturing PMIs both fell below 50 in February, multiple media outlets reported a U.S./China trade deal is almost done and more.
Technical Tipping Point
Technical Update — We’ve reached the tipping point: The last few months have been a wild ride in the stock market. Beginning with the sharp “buyers’ strike” selloff into Christmas, followed by the whipsaw reversal back higher that resulted in…and more.
Valuation Update
Valuation Update – What will cause a further rally? Weekly market preview, updated economic outlook, Futures, US-China trade developments, British Labour Market Report and more.
Time to Chase Stocks? Not So Fast
Money flows were risk-on overnight thanks to continued trade-war optimism, Trump said he would push back the March 1st tariff deadline, Economic data out overnight was less optimistic, the major focus of the market right now however remains the trade negotiations in Beijing and stocks will be most sensitive to any material headlines regarding the ongoing talks and more.
Is a Fed “Pause” Actually Good for Stocks?
Is a Fed “Pause” actually good for stocks?, futures are decidedly higher after Congress reached a deal to avert another government shutdown, today, there is one economic report: December JOLTS (E: 6.950M) and several Fed speakers to watch: Powell (12:45 p.m. ET), George (5:30 p.m. ET), and Mester (6:30 p.m. ET) and more.
Weekly Market Preview
What stocks fell late last week (it wasn’t China), weekly market preview, weekly Economic Cheat Sheet (important reports this week), futures and global markets are moderately higher following positive reports on U.S./China trade and the potential for economic stimulus in the EU and more.
Why The Reserve Bank of India Matters to You
U.S./China trade update – nothing has changed (and that’s good), why the Reserve Bank of India matters to you (and your clients), futures are modestly lower on momentum from Thursday’s declines following mixed economic data overnight and more.
Sectors to Buy If This is A ’15/’16 Repeat
Sectors to buy if this is a ’15/’16 repeat, why are global central banks turning dovish? (and is it a good thing?), what’s next for oil, futures are moderately weaker as concerns about global growth rise following more weak EU economic data and more.
Repeat of 2015/2016?
Repeat of 2015/2016, futures are slightly lower as Trump’s SOTU was a non-event for markets, looking ahead to today’s Wall Street session we are likely to see more digestion as there are limited catalysts and more.